The above figure shows the isoquants for producing steel. When producing less than 10,000 tons there are

A) increasing returns to scale.
B) decreasing returns to scale.
C) constant returns to scale.
D) diseconomies of scale.

A

Economics

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About 46 percent of M1 is composed of

A) demand deposits. B) money market mutual funds. C) savings deposits. D) currency held by the public.

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The federal regulatory agency whose mission is to regulate workplace health and safety is the

A) AFL-CIO. B) FTC. C) OSHA. D) SEC.

Economics